Dallas Area Residential Sales Report for August – Carrollton/Farmers Branch TX

Dallas Area Residential Sales Report for August – Carrollton/Farmers Branch TX

Sales in the Carrollton, Farmers Branch area were better than a number of the other areas in August. Only down 1%. Pending sales were a little worse off by 6%. The average sales price increased 6% while the median sales price rose 10%. Sales were concentrated in the upper price ranges. New listings dropped 4%. The active listings jumped 41% as compared to last August. One must remember that listings were extremely low last year and that this number does not reflect a large jump in the number of listings. The months of inventory now stands at 1.9 months which is a very low number and this area remains very much tilted to the seller side.

Sales: 183

Average Sales Price: $331,583

Median Sales Price: $300,000

Pending Sales: 161

New Listings: 202

Active Listings: 287

Months of Inventory: 1.9

Information provided by The Real Estate Center

#mariesellsdallas #Carrolltonhomes #FarmersBranchhomes #realestatebroker #ebbyplano

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